Outlook

Management is reiterating Cash Generation guidance of $350 million to $600 million for the full-year 2025.

Management is reiterating guidance for Cash Generation of $50 million to $125 million in Q4.

Storage Capacity Installed is expected to be in a range of 320 to 350 Megawatt hours in Q4, reflecting 52% growth at the midpoint compared to the prior year. For the full-year 2024, this implies 100% growth at the midpoint compared to 2023.

Solar Energy Capacity Installed is expected to be in a range of 240 to 250 Megawatts in Q4, reflecting 8% growth at the midpoint compared to the prior year, and 7% growth at the midpoint compared to Q3. For the full-year 2024, this implies a decline of 17% at the midpoint compared to 2023.

Net Subscriber Value is expected to increase in Q4 compared to Q3.